Flush With Bailout Money, Peugeot Purchases Legendary Hindustan Ambassador

Peugeot seems to be on a roll. PSA Group, formerly known as PSA Peugeot Citroën, announced a new five-year strategy last year after its bailout by the French government. This week we've seen some big movement on a potential purchase of Opel and Vauxhall from General Motors. The news was upsetting at Opel's headquarters in Rüsselsheim, Germany, and the rumblings […] The post Flush With Bailout Money, Peugeot Purchases Legendary Hindustan Ambassador appeared first on The Truth About Cars. from The Truth About Cars http://ift.tt/Jh8LjA